Producer of recycled-content polymers made from discarded carpeting has initiated a Chapter 11 process at a bankruptcy court ...

Nylon 6/6 leader Ascend Performance Materials has filed for bankruptcy protection at the U.S. Bankruptcy Court in Houston. In a news release, officials with Ascend in Houston said the Chapter 11 ...

The company expects its Chapter 11 process to take about six months. © 2025 American City Business Journals. All rights reserved. Use of and/or registration on any ...

Apr. 22—Ascend Performance Materials, which has a plant in Decatur, filed for a Chapter 11 reorganization bankruptcy Monday to restructure its finances. Ascend has over 20 locations worldwide.

With the support of its lenders, Ascend will use ... as usual throughout the Chapter 11 process and will continue to manufacture and produce high-performance materials that improve the quality ...

Ascend Performance Materials Inc., a chemicals business backed ... each of between $1 billion and $10 billion on its Chapter 11 petition.

Continues to operate as usual and provide high-performance ... Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas. The Chapter 11 process will enable Ascend to ...